Italian food giant the Ferrero Group, with its North American headquarters in Parsippany, will buy WK Kellogg and its "iconic" line of cereals.

LUXEMBOURG and BATTLE CREEK, Mich. — The Ferrero Group will acquire WK Kellogg Co for a total enterprise value of $3.1 ...

Ferrero's US$3.1bn acquisition of WK Kellogg Co marks its strategic expansion into cereals, bringing brands like Frosted ...

Manufacturers have been hard-hit by the changing tastes of consumers, who now seek more low-sugar, portable options for ...

U.S. sales of the colorfully packaged morning staple have been in a decades-long decline, a trend back in the spotlight with news Italian confectioner Ferrero Group plans to purchase WK Kellogg, maker ...

The deal brings brands like Nutella, Kinder, Tic Tac, Frosted Flakes, and Special K under one portfolio as Ferrero expands in ...